Federal Contracting Certifications

Transcription

1 Federal Contracting Certifications Frank Demarest, Jr. SBA WI Deputy District Director 21 July

2 Overview Programs and Services Contracting Capital Counseling 2

3 Contracting What are the Government-wide Small Business Contracting Goals and Achievement? Category Goal Small Business 23% 22.25% 23.39% 24.99% SDB (8(a)) 5% 8% 8.61% 9.46% HUBzone 3% 2.01% 1.76% 1.82% Women 5% 4% 4.32% 4.68% SD Vets 3% 3.03% 3.38% 3.68% 3

4 Contracting Government-wide Small Business Contracting Goals are a floor not a ceiling! In 2014: $91.6 Billion to Small Business $3.6+ in Wisconsin DoD Largest Purchasing Entity 4

5 8(a) Business Development Program Assists eligible socially and economically disadvantaged small businesses Provides business development and contract assistance SBA Certification required All 8(a) firms are SDBs, but not all SDBs are 8(a) 5

6 8(a) Business Development Program- advantages Certified firms can receive sole-source contracts Up to $4 million goods and services $6.5 million manufacturing Joint ventures and teaming Mentor-protégé program 6

7 Mentor Protege Formal relationship between larger firm and protégé firm to leverage federal contracting opportunities. Began in the 8 (a) program; recently expanded. Benefits: Technical and management assistance for protégé Prime contracting--mentors can enter into joint-venture arrangements with protégés to compete for government contracts. Financial assistance-equity or loans--mentors can own equity interest up to 40% in protégé Qualification for other SBA programs--a protégé can obtain other forms of SBA assistance as the result of its good standing in the Mentor-Protégé program. 7

8 HUBzone Program- Eligibility Meet small business size standards Owned/controlled by: 51% U.S. citizens CDC Agricultural cooperative Indian tribe Principal office in a HUBzone 35% of employees living in a HUBzone 8

9 HUBzone Maps Eau Claire Baraboo La Crosse 9

10 HUBzone Maps Milwaukee Racine 10

11 WOSB Program-eligibility At least 51% directly owned by women who are U.S. citizens No limits on ownership Women manage day to day operations EDWOSB-above plus: Personal net worth less than $750,000 AGI $350,000 or less Market value of assets less than $6 million 11

12 WOSB Program-certification Self certification-by WOSB or EDWOSB Registration in SAM required Contracting officer may request documentation Docs maintained in program repository Third party can certify: Federal or state agency or SBA approved 3 rd party 8 (a) certification may be eligible 12

13 SDVOB Eligibility Business owned by a Service-Disabled Veteran (SDV) 51% direct and unconditional ownership by one or more SDVs Control of the business Long-term decisions, daily business operations, management controlled by SDV(s) Ultimate control of the business entity (partnership, LLC, corporation) by SDV(s) SDV must have: Management experience to run the concern Ultimate managerial, supervisory control of technical experts, license holders SDV need NOT have technical expertise or license 13

14 7(a) Loan Program SBA s primary business loan program Broad eligibility requirements Wide range of financing needs Increase in the maximum 7(a) loan amount to $5MM, guaranty amount to $3.75MM. Maximum guaranty 85% up to $150k Maximum guaranty 75% over $150k

15 Express Loans 50% Guarantee Up to $350,000 Includes Lines of Credit Lender makes credit decision Up-front fees waived for vets

16 Surety Bonds Three Types Bid Bond: Guarantees that the bidder on a contract will enter into the contract and furnish the required payment and performance bonds if awarded the contract. Payment Bond: Guarantees that suppliers and subcontractors will be paid for work performed under the contract. Performance Bond: Guarantees that the contractor will perform the contract in accordance with its terms and conditions.* (*The term Final Bond means Payment Bond, Performance Bond or both Payment and Performance Bond.)

17 Surety Bonds Changes National Defense Authorization Act Surety Bonds raised from $2 million to $6.5 million For Federal Contracts with the contracting office stating a need the limit is raised to $10 million. NEW in 2014: Expedited processing for bonds $250,000 and less

18 Counseling o Extensive network of resource partners Counseling services & classes free or low cost o More than 20,000 served in Wisconsin in 2013 SCORE with locations throughout WI SBDC s (12 with locations at UW extensions) Women s Business Centers with various locations o To locate offices near you: and click on get local assistance 18

19 Training Over 100 free online courses at SBA.gov o Business planning o Finance o Marketing o Government contracting-14 courses with multiple sessions Free webinars and call in sessions Entrepreneurial education classes (targeted audiences) o V-Wise (women veterans) o Boots to Business: Reboot includes all veterans; locations TBD for 2015 o Emerging Leaders (Urban CEOs)-in progress now Business Accelerators Funded by SBA in WI: Vetransfer, Milwaukee; Launchbox, Racine 19

20 Wisconsin Offices MILWAUKEE 310 W. Wisconsin Avenue, Suite 400 Milwaukee, WI Phone: MADISON 740 Regent Street, Suite 100 Madison WI Phone: